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Oct 6, 2012 10:00am PDT
come in because of all the right things, steve and i agree it's a good time to buy real estate. that said, there's investors coming into real estate, buying single family properties either renovating or renting it. when you flip to rent a single family home versus floipg buy you have far less multipliers. renters are hard on properties rather than owners. multipliers are much less but we're not seeing the real come back in single family housing starts that we would like to see to see if the jobs you really want to see. that's where the bang for the dollar is. that's why fed picked mortgaging backed securities to purchase to help that market. >> let's take this over to don for a second. you're the guy who can explain in very clear terms for my audience how it is with a combination of low interest rates and low property rates and a boom in housing, how much of a relationship that has to job creation. there still may be some people in this country who don't get what a big deal is that. how do you create jobs. >> number one is construction jobs. when there's demand for new housing
Search Results 0 to 1 of about 2 (some duplicates have been removed)